Dow to cut 1,500 jobs

Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low
Dow Inc.’s stock shed early gains to trade down 6% Thursday, after the material-sciences company latest earnings miss and news it’s cutting 1,500 jobs as part of a cost-reduction program aiming to save $1 billion in savings.
Dow planning 1,500 job cuts as part of $1 billion in cost cuts
Midland-based Dow is eliminating 1,500 jobs around the world as part of a plan to cut $1 billion worth of spending.
Dow to cut 1,500 roles globally to trim $1B in costs
Dow ( DOW) will record a charge of $250M to $325M in the first quarter of 2025 for costs associated with these activities, which primarily include severance and related benefit costs, and the costs to implement these actions will be expensed as incurred ranging from $20M to $30M.
Dow announces targeted actions to deliver $1B in cost savings
MIDLAND, Mich., Jan. 30, 2025 -- Dow Inc. (NYSE: DOW) today announced targeted actions to deliver $1 billion in cost savings. The proactive actions will further reduce the Company's costs in response to ongoing macroeconomic uncertainty, while reinforcing its long-term competitiveness across the economic cycle.
Dow cuts 1,500 jobs as it looks to save $1 bln amid market pressures
Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop 6.3% in morning trade.
Dow To Cut About 1,500 Roles Globally Amid $1 Bln Cost Savings Actions
Dow Inc. (DOW) announced Thursday targeted proactive actions to deliver $1 billion in cost savings on an annual run-rate in response
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